Handson Global Management (hgm) LtdNSE: HGM

HGM Outcome of BM

· Issued by Handson Global Management (hgm) Ltd


November 14, 2025

To

The Manager- Compliance Department Bombay Stock Exchange Limited

Floor 25, P. J. Tower, Dalal Street, Mumbai -400 001

BSE Scrip Code: 532761

To

The Manager- Compliance Department National Stock Exchange of India Limited 'Exchange Plaza', Bandra Kurla Complex, Bandra (East), Mumbai-400 051

NSE symbol: HOVS

Subject: Outcome of Board Meeting held on November 14, 2025 -Financial Results of quarter (Q2) ended September 30, 2025 & other matters

Ref: Regulation 30 & 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

This is to inform that the Board of Directors of the Company, at its meeting held on November 14, 2025, had considered and approved the following: -

  1. Standalone & Consolidated Financial Results of the Company for the Q2 & half year period ended September 30, 2025. Please find enclosed the reviewed Financial Results, along with Lodha & Co LLP, the Auditors' report thereon for the reporting period.

  2. Notice of electronic postal ballot to seek approval of shareholders of the Company for appointment of Mrs. Bhavana Sharma as Independent Director of the Company.

The Board meeting commenced at 9:30 AM and concluded at 9:45 AM Kindly take the above on record.

Thanking you,

For HandsOn Global Management (HGM) Limited

BHUVANESH

SHARMA

Bhuvanesh Sharma

Digitally signed by BHUVANESH SHARMA Date: 2025.11.14 09:51:22

VP-Corporate Affairs, Comp+a0n5y'3S0e' cretary & Compliance Officer HandsOn Global Management (HGM) Limited (formerly known as HOV Services Limited) CIN:L72200PN1989PLC014448

Regd. Office: 3rd Floor, Sharda Arcade, Pune Satara Road, Bibwewadi Pune - 411 037, Maharashtra, India



Tel: +91-20 24221460 | Website: https://www.hgmlimited.com | Email: ir@hgmlimited.com

LODHA

@ ClLt LLP

Independent Auditor's Review Report On standalone unaudited quarterly financial results of the Company for the quarter and half year ended September 30,2025 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To The Board of Directors of

HandsOn Global Management (HGM) Limited (Formerly known as NOV Services Limited)
  1. We have reviewed the accompanying statement of unaudited standalone financial results of HandsOn Global Management (HGM) Limited (Formerly known as HOV Services Limited) ('the Company') for the quarter and half year ended September 30, 2025 ("the Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulations 33 of the SEBI (Listing, Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

    The statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34") prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to issue a report on this financial Statement based on our review.

  2. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

  3. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Accounting Standards (IND AS) and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with circulars issued from time to time, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For LODHA & CO. LLP

Chartered Accountants

Firm Reg"istration No. - 301051E/E300284

Place: Mumbai

Rajendra Parasmal Baradiya

R. P. Baradiya

Partner

Rajendra Parasmal Baradiya 2025.11.14

09:29:58+05'30'

Date: November 14, 2025

Membership No. 44101

UDIN : 25044101BMIZBV3381

LODHA



Independent Auditor's Review Report On consolidated unaudited quarterly financial results of the Group for the quarter and half year ended September 30,2025 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

To The Board of Directors

HandsOn Global Management (HGM) Limited (Formerly known as HOV Services Limited)
  1. We have reviewed the accompanying statement of Consolidated Unaudited Financial Results of HandsOn Global Management (HGM) Limited (Formerly known as HOV Services Limited) ("the Holding Company") and its subsidiaries (together referred to as "the Group") for the quarter and half year ended September 30, 2025 ("the Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulations 33 of the SEBI (Listing, Obligations and Disclosure requirements) Regulations, 2015 ('Listing regulations'), as amended.

    The statement, which is the responsibility of the Holding Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34") prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to issue a report on this financial Statement based on our review.

  2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

  3. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.

  4. The Statement, besides the holding Company results, includes the results of the following entities:

    Name of the Entity

    Relationship

    HOVS LLC, USA

    Wholly owned subsidiary, USA

    Healthcare Capital Holdings LLC, USA

    Wholly owned subsidiary, USA- incorporated on

    May 23, 2025

    HOVS Holdings Limited, Hongkong

    Wholly owned subsidiary, (Dissolved effective

    from May 16, 2025)

    HOV Environment LLC

    Subsidiary of HOVS LLC, USA

    HOV Environment Solutions Private Limited

    Subsidiary of HOV Environment LLC

    Aidéo Technologies LLC, USA

    Wholly owned subsidiary of Healthcare Capital

    Holdings LLC effective from September 1, 2025



  5. We did not review the financial results of 2 subsidiaries included in the consolidated financial statements, whose financial statements reflect total assets of Rs. 3.48 lakhs as at September 30, 2025, total revenue of Rs. Nil and net profit/(loss) after comprehensive Income/(loss) of Rs. (0.10) lakhs; total revenue of Rs. Nil and net profit/(loss) after comprehensive Income/(loss) of Rs. (0.23) lakhs for the quarter and half year ended September 30, 2025 respectively, disclosed as discontinued operations in the consolidated unaudited financial results. These financial statements have been certified by the Holding Company's Management and furnished to us and our opinion, in so far as it relates to the amount and disclosures included in respect of the said subsidiaries are based solely on these certified financial statements. According to the information and explanations given to us by the Management, these interim financial information are not material to the Group. Our conclusion is not modified in respect of this matter.

  6. Based on our review conducted above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For LODHA & CO. LLP

Chartered Accountants

Firm Registration No. - 301051E/E300284



Rajendra Parasmal

Rajendra Parasmal Baradiya 2025.11.14

Place: Mumbai

Date: November 14, 2025

Baradiya o9:30:35+05'30'

R. P. Baradiya

Partner

Membership No. 44101

UDIN : 25044101BMIZBW6171

HandsOn Global Management (HGM) Limited

(Formerly known as HOV Services Limited)

Registered Office: 3rd Floor Sharda Arcade, Pune Satara Road, Bibwewadi, Pune-411037 CIN: L72200PN1989PLC014448; website: https://www.hgmlimited.com; email: ir@hgmlimited.com

STATEMENT OF UNAUDITED STANDALONE RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2025

(Rs. In Lakhs)

Particulars

STANDALONE

Quarter Ended

Half Year Ended

Year Ended

Sep 30,2025

Jun 30,2025

Sep 30,2024

Sep 30,2025

Sep 30,2024

Mar 31,2025

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Income

Revenue from operations

1,852.94

1,360.90

558.34

3,213.84

1,115.82

2,246.83

Other income

80.75

51.72

48.05

132.47

92.05

228.31

Total Income

1,933.69

1,412.62

606.39

3,346.31

1,207.87

2,475.14

Expenses

Employee Benefits Expense

1,452.72

1,010.11

427.92

2,462.83

854.35

1,714.20

Finance Costs

14.39

7.89

4.56

22.28

9.26

17.20

Depreciation and Amortisation Expense

60.26

41.00

24.82

101.26

49.45

100.01

Other Expenses

140.79

113.13

41.27

253.92

80.37

164.10

Total Expenses

1,668.16

1,172.13

498.57

2,840.29

993.43

1,995.51

Profit / (Loss) before Tax

265.53

240.49

107.82

506.02

214.44

479.63

Tax Expense :

-Current Tax

(23.84)

(127.51)

(34.40)

(151.35)

(68.59)

(138.01)

-Deferred Tax

(42.09)

59.88

6.26

17.79

11.61

7.85

-Relating to earlier years

-

-

-

-

-

72.92

Profit/(Loss) for the period

199.60

172.86

79.68

372.46

157.46

422.39

Other Comprehensive Income / (Loss)

Items that will not be reclassified subsequently to Profit or loss:

Remeasurement of net defined benefit plans

Tax impact of Items that will not be reclassified subsequently to Profit or loss

-

-

-

-

-

-

-

-

-

-

(14.29)

3.98

Total Other Comprehensive Income / (Loss)

-

-

-

-

-

(10.31)

Total Comprehensive Income / (Loss) For The Period

199.60

172.86

79.68

372.46

157.46

412.08

Paid-up equity share capital (Face Value of Rs. 10 each)

1,259.50

1,259.50

1,259.50

1,259.50

1,259.50

1,259.50

Other Equity

1,919.87

Basic and Diluted Earnings Per Share :

1.58

1.37

0.63

2.96

1.25

3.35

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